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AAR Does Not Anticipate Long-Term Impact from Landing Gear Problem

The suspension of AAR Landing Gear Services’ FAA repair station certificate in February cost AAR Corp. $3 million to $3.5 million in revenue and $1 million in operating income in the quarter ended Feb. 28, amounts that should be recouped in the succeeding two quarters, the company said. FAA suspended the Miami landing gear facility’s certificate on an emergency basis on Feb. 10 because, the agency said, the MRO did not follow manufacturer maintenance manual procedures for conducting liquid ...

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In the simplest terms, airlines need to maximize the value of their aircraft by increasing profits from time in the air while decreasing the costs and time on the ground. Efficient aircraft ground operations are fundamental to meeting customer service expectations...More